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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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Iran's president admits 'we have many problems' and missiles 'are of no use' as the U.S. chokes its economy while weakening Tehran's grip on Hormuz

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31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right now
ESPN

ESPN Is Shutting Down Its Magazine

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
April 30, 2019, 12:37 PM ET
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ESPN The Magazine is in its final quarter.

After more than two decades on newsstands, the sports network will cancel the publication after its September issue.

“Consumer habits are evolving rapidly, and this requires ESPN to evolve as well,” the network said in a statement. “The only change here is that we are moving away from printing it on paper and sending it in the mail. … Our data shows the vast majority of readers already consume our print journalism on digital platforms, and this approach will maximize our reach and impact.”

The final print issue of the magazine will be its annual “Body” issue, traditionally it’s best selling version each year. In its statement, Disney-owned ESPN said it “will explore releasing tentpole collections such as Body in special, differentiated print formats,” indicating it wasn’t withdrawing entirely from the print business.

ESPN The Magazine first came out in 1998, aiming to challenge the long-standing Sports Illustrated.

SI, a former corporate cousin of Fortune, is currently owned by Meredith, but is on the market. Licensing company Authentic Brands is reportedly in talks to buy the publication for roughly $110 million.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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